Southern rail operator Govia Thameslink hit by £38m bill from industrial action so far this year November 23, 2016 A raft of strikes and resulting problems on Southern rail’s lines this year have cost a mammoth £38m, according to train operator Govia Thameslink Railway (GTR). GTR has been locked in a dispute with the Rail, Maritime and Transport (RMT) union over the role of its guards on Southern rail trains. The union has organised [...]
Shares in this French firm plummeted after a hoax press release made the rounds November 22, 2016 After all that furore over fake news on Google and Facebook, a French firm has been the victim of a rather different fake news story. Shares in construction company Vinci fell more than 18 per cent after the circulation of a fake press release said the firm would restate its accounts and sack its chief [...]
Donald Trump says he thinks there’s “some connectivity” between people and climate change November 22, 2016 First he opted against pursuing charges against Hillary Clinton over her email saga. And now President-elect Donald Trump seems to be changing his tune on climate change. In 2012, Trump tweeted: "The concept of global warming was created by and for the Chinese in order to make US manufacturing non-competitive." Read more: Keep calm and [...]
Donald Trump isn’t actually going to pursue Hillary Clinton charges November 22, 2016 US President-elect Donald Trump has come over all magnanimous. A spokeswoman for Trump said he won't pursue a further investigation into Hillary Clinton's emails so she can "heal". In fact, the incoming President has backed down from his pledge to appoint a special prosecutor to look into the former Secretary of State. Kellyanne Conway, who managed [...]
Lufthansa cancels 876 flights tomorrow because of pilots’ strike November 22, 2016 Lufthansa has cut 876 out of 3,000 flights scheduled for tomorrow as it seeks a temporary injunction to avoid strike action that'll affect 100,000 passengers. Pilots are planning a 24-hour day strike – the latest interruption to Lufthansa's operations as a long-running pay dispute wages on. Read more: Inmarsat's wifi deal with Lufthansa takes off [...]
“It’s like Dad’s Army”: Michael O’Leary criticises government for “lunatic optimism” over Brexit November 22, 2016 Nobody could ever accuse Michael O’Leary of being bland. The Ryanair boss was vocal about his concerns ahead of Brexit and now he's speaking out once more over how the government is handling Britain’s departure from the European Union. Speaking at the Airport Operators Association’s annual conference, he criticised the government again for its approach and reaffirmed [...]
Bank lobby boss Anthony Browne says it’s time to stop grieving over Brexit November 22, 2016 The head of the British Bankers' Association (BBA) last night declared “the time for grieving is over” in the wake of the Brexit vote. “We should stop looking back, roll up our sleeves and look to the future,” said Anthony Browne, speaking at the BBA’s annual dinner at Mansion House. Read more: Sir Martin Sorrell: Brexit [...]
Tsunami warning issued after magnitude 6.9 earthquake hits Japan November 21, 2016 An earthquake with a magnitude of 6.9 hit off northeastern Japan, the country's Meteorological Agency said. The US Geological Survey had a preliminary magnitude of 7.3, but then downgraded it to 6.9. It issued tsunami warnings for much of the nation's northern Pacific coast. The epicentre of the earthquake was felt in Tokyo, off the coast of [...]
Legal & General in advanced talks to sell Dutch operations to Chesnara November 21, 2016 Legal & General (L&G) is in advanced talks to sell its Dutch arm to Chesnara, with an announcement of the sale expected later this week. According to Sky News, Chesnara, the London-listed owner of Countrywide Assured, is in talks to buy the overseas unit of L&G and is expected to pay around £130m for the Dutch [...]
Gatwick boss Stewart Wingate wants government to approve his “complementary scheme” to Heathrow expansion November 21, 2016 The government gave Heathrow expansion the go-ahead last month, but Gatwick chief executive Stewart Wingate isn't feeling despondent. His focus is still on getting the government to give Gatwick the green light too. Speaking at the Airport Operators Association's annual conference, Wingate said: "My objective is to secure an additional runway at the earliest opportunity." "I [...]
